Construction Engineering Consultancy
Gross Revenue: | $3,431,000 |
EBITDA: | $848,000 |
Description:
The Company is a construction engineering consultancy that provides construction and project management services to public and private owners, including architectural and engineering (A/E) firms and construction management firms. The Company primarily supports projects for federal, state, and local government agencies.
Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 26.1% from 2021 through the trailing twelve months (TTM) ending July 31, 2024
• The Company's gross profit and adjusted EBITDA margins averaged 92.5% and 8.9%, respectively, from 2021 through 2023
• As of October 2024, the Company has approximately $8.8M remaining to be billed under its current contracts
• Approximately 80% of revenue for the TTM ending July 31, 2024, was generated from repeat clients, according to management
• The Company has no long-term liabilities as of July 31, 2024
• In operation for over 20 years, demonstrating a strong history of success in project delivery
• Crucial connections are maintained with top A/E firms to effectively navigate the transit, transportation, and higher education infrastructure market
• The Company's highly skilled staff has extensive experience with public entities, boosting the Company’s credibility and attractiveness to firms pursuing significant transportation projects
Opportunities:
• Leverage growth opportunities in the private sector to drive revenue expansion and strengthen competitive positioning
• Continue to focus on aligning with the strategic goals of public entities like the Metropolitan Transportation Authority (MTA) and the Port Authority to secure project involvement and funding
• Foster deeper collaborations with leading A/E firms to enhance capabilities and access to high-value contracts
• Develop and propose innovative, eco-friendly design and construction methods that can differentiate the Company in bids and align with public entities' sustainability goals
• Leverage the Bipartisan Infrastructure law to capture new growth opportunities through increased demand for infrastructure services and access to government-funded projects
• Expand geographically to grow customer base
Headquartered:
• Northeast, US
Current Markets:
• The Company primarily serves the public sector, focusing on transportation, transit, marine, airport, education, and healthcare markets.
Real Estate:
• The Company operates fully remotely with no real estate being owned or leased by the Company.
Shareholder Ownership:
• The Company is fully owned by a single shareholder who is seeking retirement. The owner is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.